October 18, 2004 in Social Responsibility News

Leasing Real Estate to Related Party

1. Lessee (related party)

Samsung Electronics Hainan (SEHF) Korea (temporary name)




- Relationship to company

-




2. Details of lease




- Date of lease

-




- Transaction target

10,413㎡ (3,150 pyeongs) of the Fiberoptics Building, Gumi 2nd Complex




- Location of real estate


Gyeongsangbuk-do Gumi Imsu-dong 94-1, Korea





- Specifics of lease

Lease period

From

11/01/2004




To

10/31/2007




Lease deposit (KRW)

-




Rental payment (KRW)

1,539,000,000




3. Purpose of lease


Office space





4. Decision date (date of board resolution)

10/15/2004




- Attendance of outside directors

Present
(no.)

6

Absent
(no.)

1




- Attendance of auditors

-




5. Applicability of Fair Trade Act

No




6.
Others


SEHF Korea, a manufacturing subsidiary owned 100%

by Samsung Electronics Hainan Fiberoptics (SEHF,

which is an overseas subsidiary of Samsung

Electronics), is being established in Korea.



The decision date in item No. 4 is the date when the

BOD authorized the lease plan.






Date of relevant disclosure

-


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